Day 4: PriceLabs High Five - A Five Day Masterclass

PriceLabsFeb 3, 202556m 52s297 viewsScore 85
Pricing & Profitability
intermediate
dynamic pricing
revenue management
PriceLabs
booking window
account overrides
M

Summary

AI-generated

This masterclass focuses on optimizing short-term rental pricing and revenue management using PriceLabs. Hosts will learn how to regularly review their pricing dashboard, understand account overrides, adjust base prices, and strategically modify rates based on booking windows and market demand to boost occupancy and profitability.

Key insights

  • For a discount to show a strike-through on Airbnb, it typically needs to be at least a 10% discount from the average daily rate over a past period (e.g., 30 days).

Mistakes to avoid

  • Ignoring the booking window and focusing on distant future dates can lead to missed opportunities for bookings, especially in slow seasons where the booking window is shorter.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial